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Finance Committee Agenda and Packet 2017 05 24
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Finance Committee Agenda and Packet 2017 05 24
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City Council Records
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FCPKT 2017 05 24
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SUBJECT: RESOLUTION NO. XX, SERIES 2017 <br />DATE: JUNE 6, 2017 PAGE 2 OF 18 <br />3. Make some minor corrections to the 2017 Program/Sub-Program budget <br />amendment that Council approved on March 21, 2017. Of the 2,000 -plus accounts <br />in the March 21 amendment, staff is proposing minor corrections to 47 accounts. <br />Total corrections net to zero. <br />4. Formally adjust the revenue budget for delayed grants on delayed projects, for new <br />revenue estimates, and for new revenue sources that staff did not anticipate, or were <br />not measureable, at the time Council adopted the original 2017 budget in November <br />2016. Net revenue adjustments = +$XX,XXX,XXX. <br />State law requires a public hearing to amend the budget. Staff published a notice of the <br />public hearing as required by law. <br />The budget amendment is shown by line item detail and subtotaled by fund in <br />Appendices A, B, C, and D to the Resolution. The following discussion includes <br />departmental narratives for each line item, or related group of line items. <br />1. EXPENDITURE AMENDMENTS — A Consolidation of Carry Forward of Unused <br />Appropriations from 2016 (Appendix A to the Resolution) and Additional <br />Adjustments to 2017 Appropriations (Appendix B to the Resolution). The listing <br />below does not include the Corrections to Previous Amendment (Appendix C to <br />the Resolution). <br />101141-511000 Regular Wages (+$15,498) <br />201110-511000 Regular Wages (+$2,214) <br />207540-511000 Regular Wages (+$554) <br />301110-511000 Regular Wages (+$554) <br />501110-511000 Regular Wages (+$4,428) <br />502110-511000 Regular Wages (+$2,768) <br />503432-511000 Regular Wages (+$277) <br />510481-511000 Regular Wages (+$1,384) <br />101141-512000 FICA (+$1,186) <br />201110-512000 FICA (+$169) <br />207540-512000 FICA (+$42) <br />301110-512000 FICA (+$42) <br />501110-512000 FICA (+$339) <br />502110-512000 FICA (+$212) <br />503432-512000 FICA (+$21) <br />510481-512000 FICA (+$106) <br />101141-512100 Retirement Contribution (+$852) <br />201110-512100 Retirement Contribution (+$122) <br />207540-512100 Retirement Contribution (+$30) <br />301110-512100 Retirement Contribution (+$30) <br />501110-512100 Retirement Contribution (+$244) <br />CITY COUNCIL COMMUNICATION <br />3 <br />
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